Credit policy Success
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What kind of metrics might you use to measure the success of your company's credit policy?
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Solution Summary
The metric which is used to measure the success of your company's credit policy is given.
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Four factors of credit policy:
1. The collection costs
2. Investments in account receivable
3. Level of Bad debts
4. Level of Sales
This is decision relating to terms of sale. Here one has to establish sensible credit limits. The job ...
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